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SUGHD FEZ: DISCUSSION OF POSSIBILITY TO IMPLEMENT AN INNOVATIVE AND ECO-FRIENDLY PROJECT

SUGHD FEZ: DISCUSSION OF POSSIBILITY TO IMPLEMENT AN INNOVATIVE AND ECO-FRIENDLY PROJECT

Between July 20th and 22nd of this year, Mr. Ma Yuyun from the People’s Republic of China visited Sughd FEZ to learn more about the activities and benefits of the free zone. He represents Junchi Machinery and Jinpeng companies, which manufacture electric cars in China.

During a series of meetings and negotiations, Mr. Ma and his Tajik partner received detailed information about the FEZ and were given a tour over the territory of FEZ.

The guests were impressed by the opportunities and benefits offered in the free zone and expressed their intention to learn more thoroughly the possibility of the project on production of small-sized electric cars and motorcycles of various purposes.

The management of Sughd FEZ Administration expressed strong support for the project, which aligns with the primary type of activity permitted in the FEZ as per the law on free economic zones in Tajikistan. The Head of FEZ Administration – Muhammadzoda Muhammad Sulton, in particular, assured that the Administration always welcomes such kind of innovative projects and is ready to provide support and necessary information.

At the end of the meeting, Muhammadzoda Muhammad Sulton thanked Mr. Ma Yuyun for his interest in Sughd FEZ and reminded him that after finalizing the project with other partners, Mr. Ma must develop a detailed investment plan. The Administration and relevant authorized bodies in Tajikistan will then make decisions based on the study of this investment project.

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SUGHD FEZ WAS PRESENTED TO CHINESE MANUFACTURING COMPANIES AND BUSINESS COMMUNITIES.

SUGHD FEZ WAS PRESENTED TO CHINESE MANUFACTURING COMPANIES AND BUSINESS COMMUNITIES.

As previously reported, the Head of Administration of Sughd FEZ, Muhammadzoda Muhammad Sulton, is on a business visit to the PRC, where he is participating in the International Business Forum at the invitation of the Chinese side.
On May 16, according to the forum’s program, participants took part in the Construction and Industrial Exhibition held at the Xinjiang International Exhibition Center, where products from local manufacturing companies were presented.


At the opening ceremony, Muhammadzoda Muhammad Sulton gave a presentation on activities of Sughd FEZ. He began his speech by praising China’s significant role in Tajikistan’s economic development and strong trade relations between Tajik and Xinjiang businessmen, as well as the consolidated friendly and cultural ties between two countries. He then highlighted the advantages of FEZ, including its favorable economic conditions, special legal regime, and tax benefits provided to its subjects.


He noted that more than thirty local and joint companies, including those with Chinese investments, successfully operate in Sughd FEZ.
A video clip about the FEZ’s activities was also shown.
Additionally, a representative of the Chamber of Commerce and Industry of the Republic of Tajikistan in the People’s Republic of China gave a presentation on the favorable business atmosphere of Tajikistan.


After the opening ceremony, participants toured the exhibition and learned about local Chinese industrial and construction companies’ achievements. The head of Sughd FEZ held negotiations with representatives of these companies to discuss establishing cooperation and organizing joint companies in the FEZ, emphasizing its preferences for producing in-demand goods to Tajikistan and Central Asia markets.


The delegation of Tajikistan will continue its work in Qingdao and Linyi cities of Shandong Province within the framework of the forum.

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PARTNERSHIP SEARCH WITH CHINESE COMPANIES

PARTNERSHIP SEARCH WITH CHINESE COMPANIES

On May 14 of this year, the International Business Forum commenced its activities in the province of Xinjiang. The primary objective of the forum was to seek and establish partnerships between Chinese companies and business communities from near and far abroad, as well as to showcase the accomplishments of local companies in producing competitive goods.


This high-profile event was organized at the initiative of the Yiwu International Trade Group Co.
Among the distinguished delegates, the head of Administration of Sughd Free Economic Zone, Muhammadzoda Muhammad Sulton, was honored with an invitation to participate in the forum.
On the first day, following the opening ceremony, the guests visited the Free Economic Zone of Kashgar City. This visit resulted in the signing of a memorandum of understanding between the authorities of FEZ Sughd and Kashgar FEZ to explore opportunities for cooperation.
Later that day, a meeting was convened with officials and entrepreneurs of Kashgar city, aimed at discussing prospects for collaboration with visiting representatives, particularly from Central Asia, in mutually beneficial trade and the production of high-quality, sought-after products. The head of the Administration of the Sughd FEZ engaged in negotiations with representatives of Chinese manufacturing companies during the B2B meetings to explore the possibilities and prospects of cooperation, including the establishment of new joint ventures in the Sughd FEZ.


At the end of the first day of the forum, an extensive meeting of business representatives from the Republic of Tajikistan and the People’s Republic of China took place. This meeting saw vigorous discussions on initiatives and prospects for the formation of mutually beneficial cooperation. Additionally, memorandums and agreements were signed between several entrepreneurs and companies from the two friendly countries.


The Forum will continue its activities until May 21st.

 

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VISIT BY UNIVERSITY OF CENTRAL ASIA’S STUDENTS TO SUGHD FEZ

VISIT BY UNIVERSITY OF CENTRAL ASIA’S STUDENTS TO SUGHD FEZ

On May 29, this year, about thirty students and several teachers from the University of Central Asia’s economic program that is based in the heart of GBAO Khorog town visited Sughd FEZ.


Their purpose was to familiarize themselves with the activities of Sughd FEZ, one of Tajikistan’s successful free zones. The visit included tours of several FEZ companies such as the Institute of Industry and Service, Asiapolitex LLC, TT JV Archa Mebel LLC, and TT JV Fortuna-Co LLC.
The students received comprehensive information from the representatives of these companies and showed great interest in their activities and products. Memorable photographs were taken during the visit to each company.


At the end of the tour, the students and teachers expressed gratitude to the management of Sughd FEZ and its companies for providing them with the opportunity to explore the FEZ. They also expressed their desire to continue cooperating in organizing similar study and practical visits.

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СЭЗ «СУГД» ПОСЕТИЛИ СТУДЕНТЫ УНИВЕРСИТЕТА ЦЕНТРАЛЬНОЙ АЗИИ (UCA)

СЭЗ «СУГД» ПОСЕТИЛИ СТУДЕНТЫ УНИВЕРСИТЕТА ЦЕНТРАЛЬНОЙ АЗИИ (UCA)

29 мая текущего года, СЭЗ «Сугд» посетили около тридцати студентов экономического профиля и преподаватели Университета Центральной Азии, который находится в городе Хоруг, ГБАО.

Целью визита была ознакомления с деятельностью одной из успешных свободных зон Республики.

Гостям была организована посещение и ознакомления с деятельностью нескольких субъектов СЭЗ, такие как Институт промышленности и сервиса, ООО «Азияполитекс», ООО ТТ СП «Арча мебель» и ООО ТТ СП «Фортуна-Ко».

Во время ознакомления гостям была предоставлена вся необходимая информация. Студенты с огромным интересом ознакомились с деятельностью субъектов и высоко оценили ими выпускаемую продукцию. В каждом субъекте визит был запечатлен памятными фотографиями.   

 

В конце визита студенты и их сопровождавший преподавательский состав поблагодарили руководство Администрации СЭЗ «Сугд» и выразили свое желание продолжить дальнейшее сотрудничества в просвещении будущих специалистов.

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VISIT OF THE REPRESENTATIVES OF MINSK REGION OF THE REPUBLIC OF BELARUS

VISIT OF THE REPRESENTATIVES OF MINSK REGION OF THE REPUBLIC OF BELARUS

In the afternoon of February 8, 2024 a delegation of representatives of the Minsk region of the Republic of Belarus led by the Deputy Chairman of the Sughd region Anvar Yakubi visited the Sughd FEZ to get acquainted with the activities of the Sughd FEZ and develop investment relations.

  

Deputy Head of the Administration of the Sughd FEZ Hakimov N.A. warmly welcomed the guests, spoke about the preferences and benefits provided in the free zone, and introduced the products manufactured by its residents.

Then the guests visited several enterprises of the Sughd FEZ, including LLC JV TT Tajprof and LLC JV Fortuna-Co, and talked with the heads of the enterprises. 

  

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VISIT OF ENTREPRENEURS TO SUGHD FEZ FROM UZBEKISTAN

VISIT OF ENTREPRENEURS TO SUGHD FEZ FROM UZBEKISTAN

On February 8, 2024, a delegation of entrepreneurs from the Republic of Uzbekistan visited the Sughd FEZ to get acquainted and cooperate with its Administration.

Deputy Head of the Sughd FEZ Administration Hakimov N.A. warmly welcomed the guests in the conference hall of the Sughd FEZ Administration and they were provided with detailed information about the activities, privileges, and advantages of the Sughd FEZ.

Then the entrepreneurs of the Republic of Uzbekistan were informed about the favorable investment climate in the Sughd FEZ that brought them to express their desire to become a subject soon.

  

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PRESS CONFERENCE AT THE ADMINISTRATION OF FEZ “SUGHD” ABOUT THE RESULTS OF ACTIVITIES IN 2022

PRESS CONFERENCE AT THE ADMINISTRATION OF FEZ “SUGHD” ABOUT THE RESULTS OF ACTIVITIES IN 2022

On February 9, 2023, in the Administration of the FEZ “Sughd” was held  a press conference about the results of the activities of the FEZ “Sughd” in 2022, where the Head of the Administration Kamoliddinzoda Ilyosiddin Jamoliddin informed the representatives of the regional and republican mass media about the achievements and plans of the FEZ “Sughd”.

          During the speech, it was noted that the Administration of the FEZ “Sughd” has implemented the necessary measures in order to performance the instructions and orders of the Founder of Peace and National Unity – the Leader of the Nation, the President of the Republic of Tajikistan, Honorable Emomali Rahmon, the decisions of the Government of the Republic of Tajikistan, the tasks and orders of the Ministry of Economic Development and Trade, the implementation of the Law of the Republic of Tajikistan ” About free economic zones”, Regulation of the free economic zone “Sughd”, and the work plan of the FEZ “Sughd” for 2022.

Head of Administration Kamoliddinzoda I. noted that in 2022, the volume production of industrial products, services and construction of FEZ “Sughd” acconted 412.5 mln. somoni, that this increased by 111.4 million somoni or 37% compared to the 2021. Also, in the reporting period, the volume of export products of the subjects accounted 135.3 million somoni, that it increased by 30.1 million. somoni or 28.6% compared to the 2021.

During the meeting, it was mentioned that in 2022, investments were mainly provided by 7 companies, including LLC “Ohankor”, LLC “Aziapolitex”, LLC “Donai Almas”, LLC “Pokzarf”, LLC “Khujand Plast”, LLC JV TT “Archa-mebel” and LLC JV TT “Tajprof”, that the manufactured products were mainly exported to Kazakhstan, Kyrgyzstan, Uzbekistan, Germany, Iraq, Turkey and Russia. 

It was also noted that in 2022 the amount of direct investment accounted 23.7 million somoni, which has increased by 30.9% compared to the last year (18.1 million somoni), and since the beginning of the activity of the FEZ “Sughd” it has equaled be 138.9 million somoni.

In 2022, the total number of jobs in the FEZ “Sughd” equaled by 799 people, which is 25 more jobs than in 2021 (774 people).

This year, in public budget due to the payment of relevant taxes (income tax and social tax) were entered 4.95 mln. somoni from subjects of the FEZ “Sughd”.

During this period, the amount of payment of customs duty and value added tax to the budget accounted 33.6 million somoni due to the subjects of the FEZ “Sughd”, which increased by 1.8 million somoni compared to 2021.

It was also noted during the meeting that were signed memorandums with the representatives of the FEZ “Jizzakh” and FEZ “Kukand” of Fergana region of the Republic of Uzbekistan and FEZ “Osminozhka” of the Russian Federation.

In conclusion of the press conference, the Head of the Administration noted that in the first quarter of 2023 in the FEZ “Sughd” is planned the opening of a production enterprise LLC “Asiapolitex”, and there more than 150-200 people will be provided with new jobs. 

 

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